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today, harry reid said the republicans are protecting the demands of the special interest groups not agreeing to close tax loopholes to pay for spending. he called for tax reform, and, basically, said that the president wants to close these loopholes to pay for more spending or pay down the deficit. republicans want to deal with tax reform, and this is the first bill passed in the new house with the hr1 tag, the coveted first spot in the house. that's tax reform to get rid of some loopholes and lower tax rates. there's the continued argument there. the bottom line, heading into tomorrow, when the automatic spending cuts take place, you may have congressional leaders at the white house. the senate votes later today, but there is zero movement towards a bipartisan compromise to get it done. nothing is beginning to get through the senate today, and it doesn't seem like anything soon will either. back to you. dagen: rich, thank you for that on capitol hill. connell: more in a few minutes, but shifting gears to another story on fox business, jpmorgan chase holding $2.3 trillion in assets,
today, harry reid said the republicans are protecting the demands of the special interest groups not agreeing to close tax loopholes to pay for spending. he called for tax reform, and, basically, said that the president wants to close these loopholes to pay for more spending or pay down the deficit. republicans want to deal with tax reform, and this is the first bill passed in the new house with the hr1 tag, the coveted first spot in the house. that's tax reform to get rid of some loopholes and...
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Feb 28, 2013
02/13
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those expected to attend, john boehner, harry reid and mitch mcconnell and nancy pelosi. >> here is a look at our prime time schedule. when i will briefings -- capital hill briefings. on c-span2 modernizing medicare and medicaid services. and on c-span3 how it affects students. >> the u.s. economy and job creation. we'll hear an assessment on the u.s. economy and why growth remains slow. this is an hour and 40 minutes. >> good morning everyone. i'd like to call the first meeting of the joint committee for the 113th session of dong order. the employment act of 1946 established the committee to make policy recommendations to congress. as the 37th chairman of the committee. i want to congratulation senator amy on becoming vice chair and welcome new and returning members to the committee. i would like to introduce our new members. representative of minute, of new york, senator roger of mississippi jor murphy of connecticut. and john of maryland. while the united states confronts many problems our most vexing economic challenge is the growth gap and how we close it. the growth gap between
those expected to attend, john boehner, harry reid and mitch mcconnell and nancy pelosi. >> here is a look at our prime time schedule. when i will briefings -- capital hill briefings. on c-span2 modernizing medicare and medicaid services. and on c-span3 how it affects students. >> the u.s. economy and job creation. we'll hear an assessment on the u.s. economy and why growth remains slow. this is an hour and 40 minutes. >> good morning everyone. i'd like to call the first...
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Feb 28, 2013
02/13
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reid does. how about you? you're the top republican in the congress. don't you have to show some leadership? and his answer was oh, we passed two bills last year. coming back to where we were. before we move on, let's say a quick hello to joey out in chicago. hey, joey, what do you say? >> caller: good morning, everybody. there's no way you can blame obama and the democrats. if anybody thinks so, you should be wrapped in bubble wrap because you're too dumb to walk around without hurting yourself. when i was growing up, there was one crisis every decade. tea partiers are way out of their element. they're amateurs and they're going to ruin this country. there is no way they can blame this on the democrats. no way no how. >> bill: all right. joey we've got your point. but i want to -- one thing -- joey is one of our favorite listeners out there. very outspoken as you can see congresswoman. but he does make a point. that there's been crisis after crisis after crisis to the point, i think the america
reid does. how about you? you're the top republican in the congress. don't you have to show some leadership? and his answer was oh, we passed two bills last year. coming back to where we were. before we move on, let's say a quick hello to joey out in chicago. hey, joey, what do you say? >> caller: good morning, everybody. there's no way you can blame obama and the democrats. if anybody thinks so, you should be wrapped in bubble wrap because you're too dumb to walk around without hurting...
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Feb 28, 2013
02/13
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reid are trying to pass a tax hike in the senate. a tax hike that the nonpartisan c.b.o. says will increase our deficit for the next two years. it seems that instead of solving the problem, president obama and his allies are only making it worse. mr. speaker, it's time to get serious about the $3 billion we borrow every day and cut spending in a responsible way that saves the american dream and keeps our national security strong. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from california seek recognition? >> i ask unanimous consent to address the house for one minute, revise and extend my remarks. the speaker pro tempore: without objection. >> again, thank you, mr. speaker. unless we do something, friday will be a day that none of us will want to see but that very few of us seem to have the colonel or convention to prevent. mr. lowenthal: today, we have two options. devastating meat cleaver cuts or political courage. last week in my district i met with leadership of the lows
reid are trying to pass a tax hike in the senate. a tax hike that the nonpartisan c.b.o. says will increase our deficit for the next two years. it seems that instead of solving the problem, president obama and his allies are only making it worse. mr. speaker, it's time to get serious about the $3 billion we borrow every day and cut spending in a responsible way that saves the american dream and keeps our national security strong. i yield back. the speaker pro tempore: the gentleman yields back....
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Feb 28, 2013
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when the president and harry reid told me they would work with us to get an outcome of the supercommittee, i felt confident we could get an outcome. unfortunately, we did not. but mr. boehner mcculloch the state -- >> mr. brunner, you said you have worked to get an agreement. are you concerned about the optics of not even doing that and the house being out? >> i will be here tomorrow. i will go down to the white house and accept the president's invitation to me. we have made our cards on the table. we have shown that we can pass a bill to replace the sequester. that is why we did it twice. it is time for the senate act. >> [indiscernible] there is a lot of buying going on macarena, but few people have blamed the supercommittee. those were the ones who were charged. do they not share blame and if they do, why do we not hear from there? >> i do not blame the supercommittee members or their leaders who worked with the members of the supercommittee. it is unfortunate they did not come to an outcome. there were an awful lot of others influencing the supercommittee to not come to an agreement u
when the president and harry reid told me they would work with us to get an outcome of the supercommittee, i felt confident we could get an outcome. unfortunately, we did not. but mr. boehner mcculloch the state -- >> mr. brunner, you said you have worked to get an agreement. are you concerned about the optics of not even doing that and the house being out? >> i will be here tomorrow. i will go down to the white house and accept the president's invitation to me. we have made our...